Databricks open sources Dolly, an LLM which the company says can be trained in less than three hours on one machine and is a clone of Stanford’s Alpaca model (Mike Wheatley/SiliconANGLE)

<div>Databricks open sources Dolly, an LLM which the company says can be trained in less than three hours on one machine and is a clone of Stanford's Alpaca model (Mike Wheatley/SiliconANGLE)</div>

Mike Wheatley / SiliconANGLE: Databricks open sources Dolly, an LLM which the company says can be trained in less than three hours on one machine and is a clone of Stanford’s Alpaca model — Big-data analytics firm Databricks Inc. has… Continue Reading →

25/03/2023

Global premium smartphone sales rose 1% YoY in 2022, taking 50%+ of the smartphone market’s revenue for the first time; Apple took 75% of the premium market (Varun Mishra/Counterpoint Research)

<div>Global premium smartphone sales rose 1% YoY in 2022, taking 50%+ of the smartphone market's revenue for the first time; Apple took 75% of the premium market (Varun Mishra/Counterpoint Research)</div>

Varun Mishra / Counterpoint Research: Global premium smartphone sales rose 1% YoY in 2022, taking 50%+ of the smartphone market’s revenue for the first time; Apple took 75% of the premium market — Although overall global smartphone sales in 2022… Continue Reading →

21/03/2023

A look at YouTube and TikTok “hustle gurus” claiming to teach followers how to earn passive income through dropshipping, crypto schemes, AI companies, and more (Rebecca Jennings/Vox)

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A look at YouTube and TikTok "hustle gurus" claiming to teach followers how to earn passive income through dropshipping, crypto schemes, AI companies, and more (Rebecca Jennings/Vox)

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Rebecca Jennings / Vox: A look at YouTube and TikTok “hustle gurus” claiming to teach followers how to earn passive income through dropshipping, crypto schemes, AI companies, and more — YouTube and TikTok are plagued with 20-something “passive income” bros… Continue Reading →

18/03/2023

Sources: the FDIC is planning another SVB auction, after it failed to find suitor on Sunday; at least one offer had been made, but it was rejected by the FDIC (Andrew Ackerman/Wall Street Journal)

Andrew Ackerman / Wall Street Journal: Sources: the FDIC is planning another SVB auction, after it failed to find suitor on Sunday; at least one offer had been made, but it was rejected by the FDIC — Auction comes after… Continue Reading →

14/03/2023

Circle’s USDC sees $1B in net redemptions since SVB’s shutdown and is slightly depegged, after Circle said SVB is one of six banks managing USDC cash reserves (Krisztian Sandor/CoinDesk)

<div>Circle's USDC sees B in net redemptions since SVB's shutdown and is slightly depegged, after Circle said SVB is one of six banks managing USDC cash reserves (Krisztian Sandor/CoinDesk)</div>

Krisztian Sandor / CoinDesk: Circle’s USDC sees $1B in net redemptions since SVB’s shutdown and is slightly depegged, after Circle said SVB is one of six banks managing USDC cash reserves — Stablecoin issuer Circle held an undisclosed amount of… Continue Reading →

11/03/2023

Sources: Meta plans to cut thousands of jobs as soon as this week, after it eliminated 13%, or 11,000 jobs in November 2023 in its first major layoff (Bloomberg)

Bloomberg: Sources: Meta plans to cut thousands of jobs as soon as this week, after it eliminated 13%, or 11,000 jobs in November 2023 in its first major layoff — Meta Platforms Inc., the owner of Facebook and Instagram, is… Continue Reading →

07/03/2023

An NLRB director rules that Google is a “joint employer” with YouTube subcontractor Cognizant and must bargain with Cognizant workers if they vote to unionize (Josh Eidelson/Bloomberg)

<div>An NLRB director rules that Google is a

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An NLRB director rules that Google is a "joint employer" with YouTube subcontractor Cognizant and must bargain with Cognizant workers if they vote to unionize (Josh Eidelson/Bloomberg)

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Josh Eidelson / Bloomberg: An NLRB director rules that Google is a “joint employer” with YouTube subcontractor Cognizant and must bargain with Cognizant workers if they vote to unionize — Alphabet Inc.’s Google is legally the boss of YouTube contract… Continue Reading →

04/03/2023

The US Marshals Service suffered a ransomware attack and data theft on a “stand-alone USMS system”; source: breach didn’t affect the witness protection database (NBC News)

<div>The US Marshals Service suffered a ransomware attack and data theft on a

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The US Marshals Service suffered a ransomware attack and data theft on a "stand-alone USMS system"; source: breach didn't affect the witness protection database (NBC News)

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NBC News: The US Marshals Service suffered a ransomware attack and data theft on a “stand-alone USMS system”; source: breach didn’t affect the witness protection database — The U.S. Marshals Service suffered a security breach over a week ago that… Continue Reading →

28/02/2023

Amazon plans to integrate its logistics network and SaaS tools with India’s Open Network for Digital Commerce, after Paytm and others committed to joining ONDC (Moneycontrol)

<div>Amazon plans to integrate its logistics network and SaaS tools with India's Open Network for Digital Commerce, after Paytm and others committed to joining ONDC (Moneycontrol)</div>

Moneycontrol: Amazon plans to integrate its logistics network and SaaS tools with India’s Open Network for Digital Commerce, after Paytm and others committed to joining ONDC — Other e-commerce and fintech players who have committed to join ONDC include Meesho,… Continue Reading →

25/02/2023

Ride-hailing service inDrive, whose gross revenue increased 88% in 2022, raised $150M in debt that links repayment to its performance, from General Catalyst (Jake Rudnitsky/Bloomberg)

Ride-hailing service inDrive, whose gross revenue increased 88% in 2022, raised 0M in debt that links repayment to its performance, from General Catalyst (Jake Rudnitsky/Bloomberg)

Jake Rudnitsky / Bloomberg: Ride-hailing service inDrive, whose gross revenue increased 88% in 2022, raised $150M in debt that links repayment to its performance, from General Catalyst — InDrive, the second-most downloaded ride-hailing app in the world, raised $150 million… Continue Reading →

21/02/2023

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